ScoMo flags shake-out of JobKeeper

Advertisement

The Treasury Fact Sheet on the Morrison Government’s JobKeeper scheme explicitly stated that it would remain in place until 27 September 2020:

The subsidy will start on 30 March 2020, with the first payments to be received by employers in the first week of May.

The Government will provide $1,500 per fortnight per employee until 27 September 2020.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.